PSD Bank Karlsruhe-Neustadt eG products, services and reviews

About PSD Bank Karlsruhe-Neustadt eG

PSD Bank Karlsruhe-Neustadt eG is a cooperative retail bank serving private customers in the Karlsruhe and Neustadt an der Weinstraße region, operating with a limited branch footprint and a focus on direct banking via online and mobile channels. As an eG, customers can become members and exercise voting rights; profit participation depends on the bank’s results and member resolutions. The product set typically includes current accounts with tiered fee models, savings and term deposits, consumer loans, real estate financing, and securities services offered directly or via partners in the cooperative financial network; specific pricing, interest rates, and eligibility criteria are set out in the bank’s price and service listing and product terms. Payment options generally cover a girocard and credit cards, contactless payments, and standard SEPA transfers; cash access is available through the cooperative ATM network. Digital banking uses strong customer authentication under PSD2, with app- or device-based TAN procedures and optional alerts; support is provided through phone, secure messaging, and in-person appointments at advisory centers. The bank is part of the Genossenschaftliche FinanzGruppe and a member of the BVR; deposits are protected by the BVR Institutssicherung (statutory coverage up to 100,000 euros per depositor) and supplemented by the voluntary protection scheme of the cooperative sector. PSD Bank Karlsruhe-Neustadt eG is supervised by BaFin and the Deutsche Bundesbank. Historically linked to the postal savings and loan movement, the bank is today open to the general public; availability of business accounts or specialized services should be verified case by case.